Ahmed El Alfi, a veteran investor with over 25 years of experience in top executive and management positions, is the founder of Sawari Ventures, a Cairo-based Venture Capital firm.

Alfi founded Sawari Ventures in 2010, aiming to help transform the Egyptian and MENA region economies through the creation of sustainable, high impact businesses.

Over the past 2 years, Sawari Ventures invested in a number of promising entrepreneurs, including SilMinds, which offers innovative solutions for Decimal Floating Point Arithmetic (DFPA) hardware acceleration based on their patent-pending technologies; Kngine, a next generation search engine and personal assistant; and vimov, with its flagship product, Weather HD, the top-paid weather application for the iPad.

Sawari Ventures I (SVI) is the company’s USD50 million early and growth-stage fund investing in technology, media and telecommunication (TMT) in Egypt and the MENA region.